Reg BI

Broker Peter Cox in LPL Financial LLC Firm Has Customer Complaint

April 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Cox (Cox), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cox recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on August 25, 2024.

Customer alleges unauthorized trades.

There are Recent Customer Complaints with Broker Amy Furuno in Firm Lucid Capital Markets, LLC

April 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Amy Furuno (Furuno), currently associated with Lucid Capital Markets, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Furuno recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $3,500,000.00 on November 24, 2024.

Brokers are required to adhere to the SEC’s Regulation Best Interest (Reg BI) standard of care under the Securities Exchange Act of 1934 which establishes a ‘best interest’ standard for broker-dealers and associated persons. Reg BI applies when brokers recommend a retail investor engage in securities transaction or an investment strategy involving one or more securities. Reg BI also applies to financial advice concerning the transfer of funds and opening of accounts. Reg BI is drawn from fiduciary principles that include an obligation to act in the retail investor’s best interest and the broker is prohibited from placing their own interests ahead of the investor’s interest.

Broker Marc Cobb in Edward Jones Firm Has Customer Complaint

April 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marc Cobb (Cobb), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Cobb recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $200,000.00 on December 06, 2024.

The client alleges that they were not given all the options available on the VL policy.

Broker Glennon Cole in Moloney Securities Co., INC. Firm Has Customer Complaint

April 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Glennon Cole (Cole), previously associated with Moloney Securities Co., INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Cole recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $400,000.00 on August 26, 2024.

Suitability/negligence. 2013-2018

Broker Valery Oswald in Raymond James & Associates, INC. Firm Has Customer Complaint

April 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Valery Oswald (Oswald), previously associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Oswald recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,883,594.00 on October 18, 2024.

A. Breach of Fiduciary Duty\, B. Negligence\, C. Actual Fraud\, D. Constructive Fraud \, E. Breach of Contract\, F. Violations of Oklahoma Uniform Securities Act of 2004\, G. Respondeat Superior

Broker Hugh Mcguire in Hornor, Townsend & Kent, LLC Firm Has Customer Complaint

April 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Hugh Mcguire (Mcguire), previously associated with Hornor, Townsend & Kent, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mcguire recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $5,000.00 on August 27, 2024.

Claimants allege that HTK financial professional misled Claimant by recommending unsuitable investments and investment strategies in various illiquid alternative investments and thereafter recommending that Claimants hold those investments despite the availability of information concerning the poor prospects of these investments.

Broker Robert Starnes in Sa Stone Wealth Management INC. Firm Has Customer Complaint

April 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Starnes (Starnes), previously associated with Sa Stone Wealth Management INC., has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Starnes recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $3,000,000.00 on November 13, 2024.

Respondent is vicariously liable to Claimants for the losses each has suffered because of Mr. Robert Starnes’ alleged fraud and misconduct.

There are Recent Customer Complaints with Broker Robert Earls in Firm LPL Financial LLC

April 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Earls (Earls), previously associated with LPL Financial LLC, has at least 9 disclosable events. These events include 9 customer complaints, alleging that Earls recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $17,000.00 on November 20, 2024.

July 2022 – Theft of two checks totaling $17,000.

Broker Richard Panno in Buckman & Reid, INC, Firm Has Customer Complaint

April 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Panno (Panno), currently associated with Buckman & Reid, INC., has at least one disclosable event. These events include one customer complaint, alleging that Panno recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $2,250,000.00 on August 24, 2024.

Failure to supervise.

There are Recent Customer Complaints with Broker Thomas Williams in Firm Charles Schwab & Co., INC.

April 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Williams (Williams), currently associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Williams recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $235,000.00 on January 28, 2025.

The client alleges in December 2024 that the representative provided false and misleading information concerning an option position. The client relied upon this information to trade in an effort to minimize losses that the client erroneously believed existed.